Ford Motor Company President and CEO Jim Hackett speaks during the Ford presentation at the 2018 North American International Auto Show in Detroit January 14, 2018. (Photo: Maury/EPA-EFE/REX/Shutterstock) Ford CEO Jim Hackett, eight months into his role, brings an unconventional approach to the auto industry, which leaves colleagues inspired and observers sometimes a bit confused. He has… Continue reading CEO Jim Hackett pushing Ford team as investors watch with caution
Tag: Ford
Fiat Chrysler’s Marchionne Has Lessons for Ford CEO Jim Hackett
With retirement approaching, Sergio Marchionne seems determined to go out with a bang: the Fiat Chrysler Automobiles NV boss thinks operating profit will surpass that of Ford Motor Co. this year. On Thursday, Marchionne reminded analysts that’s a surprising turn of events. He’s right. It’s less than a decade since Chrysler filed for bankruptcy protection (Ford… Continue reading Fiat Chrysler’s Marchionne Has Lessons for Ford CEO Jim Hackett
Volvo XC40 rides strong order numbers towards China launch
Volvo XC40 rides strong order numbers towards China launch Volvo Cars’ first entry into the small premium SUV segment is proving popular among car buyers, with global XC40 orders already exceeding 20,000 units. Delivery of cars to dealers started earlier this month. Following its successful introduction to European and American customers, the XC40… Continue reading Volvo XC40 rides strong order numbers towards China launch
Fiat Chrysler shows big profit boost for 2017; workers get $5,500 each
Buy Photo The media crowds around Sergio Marchionne, CEO of Fiat Chrysler Automobiles N.V. and Chairman and CEO of FCA at the 2019 Jeep Cherokee reveal during the 2018 North American International Auto Show held at Cobo Center in downtown Detroit on Tuesday, Jan. 16, 2018. (Photo: Kimberly P. Mitchell, Detroit Free Press)Buy Photo Fiat… Continue reading Fiat Chrysler shows big profit boost for 2017; workers get $5,500 each
Ford Credit Names Brian Schaaf as Chief Financial Officer
Brian Schaaf to become CFO of Ford Credit Schaaf will lead Ford Credit financial planning, analysis, accounting and capital strategy Ford Credit CFO Marion Harris to become vice president of Ford Mobility Business Group DEARBORN, Mich., Jan. 25, 2018 – Ford Motor Credit Company today named Brian Schaaf as chief financial officer and treasurer. Currently,… Continue reading Ford Credit Names Brian Schaaf as Chief Financial Officer
Ford Realigns Mobility Group; Acquiring Autonomic, TransLoc to Accelerate Growth
The Ford Mobility team is accelerating and expanding its activities in 2018 to deliver a broad suite of mobility products and services to personal vehicle owners, fleet owners and cities globally Ford is enabling an increase in speed and scale through four newly established, integrated teams that will deliver new business innovation, business scaling and… Continue reading Ford Realigns Mobility Group; Acquiring Autonomic, TransLoc to Accelerate Growth
FCA workers to get $5,500 in profit-sharing
Buy Photo Fiat Chrysler Automobiles NV will pay its 40,000 hourly United Auto Workers employees profit-sharing checks averaging about $5,500, the company said Thursday. (Photo: Todd McInturf / The Detroit News file)Buy Photo Fiat Chrysler Automobiles NV will pay its 40,000 hourly United Auto Workers employees profit-sharing checks averaging about $5,500, the company said Thursday.… Continue reading FCA workers to get $5,500 in profit-sharing
Ford and UGT reach an agreement on the competitiveness plan of the Almussafes plant
Posted 1/25/2018 2:25:18 PM VALENCIA, 25 Jan. (EUROPA PRESS) – The management of the Ford plant in Almussafes (Valencia) and the UGT section in the factory have reached a principle of agreement on the company’s competitiveness plan for the next three years, which includes a salary increase for the company’s workforce. , 5% in 2019,… Continue reading Ford and UGT reach an agreement on the competitiveness plan of the Almussafes plant
Ford UAW workers will get $7,500 profit-sharing checks
But low to moderate gas prices have propelled robust sales of large pickup trucks such as the 2016 Ford F-150 pickup that improved its fuel economy from the prior generation by using aluminum body panels. (Photo: Ford Motor Company) Ford Motor Co. said Wednesday afternoon that its year-end earnings were down slightly from analyst projections due… Continue reading Ford UAW workers will get $7,500 profit-sharing checks
Ford to award profit-sharing checks of $7,500
The 2018 Ford Expedition SUV goes through the assembly line at the Ford Kentucky Truck Plant October 27, 2017 in Louisville, Kentucky. (Photo: Bill Pugliano / Getty Images) Dearborn — Ford Motor Co. will give more than 54,000 United Auto Workers hourly employees profit-sharing checks of about $7,500 this year, the company said Wednesday. The… Continue reading Ford to award profit-sharing checks of $7,500